The thoughts and opinions expressed in the article are solely those of the persons speaking as of March 30, 2017. There can be no assurance with regard to future market movements. The discussion of individual companies should not be considered a recommendation of such companies by the Fund's investment adviser. The discussion is designed to provide viewers with an understanding of how the Fund's investment adviser manages the Fund's portfolio. There can be no assurance with regard to future market movements. Mutual fund investing involves risk. Principal loss is possible. The Fund's investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus contains this and other important information about the Fund and may be obtained by calling 1-888-859-5856. Read it carefully before investing. Distributed by Ultimus Fund Distributors, LLC.
SEC 30-day yield 1.90%. SEC 30-day yield w/o waivers 1.90%.
30-Day SEC Yield is the fund’s income, for the purposes of this calculation, based on the current market yield to maturity of the Fund’s holdings over a trailing 30-day period. This hypothetical income will differ (at times, significantly) from the Fund’s actual experience; as a result, income distributions from the fund may be higher or lower than implied by the SEC yield.
As of March 30, 2017, Cloud Peak Energy 8.500% due 12-15-19 comprised 4.9% of total Fund assets and Devon Energy Corporation 6.300% due 01-15-19 comprised 1.6% of total Fund assets.